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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (12022)7/23/1998 5:29:00 PM
From: Jeff Jordan   of 120523
 
Asian economic worries battered stocks Thursday as the Dow Jones Industrial
Average fell back below the 9000 mark. The industrials slid about 196
points, or 2.2%, to 8933, the third sharpest drop of the year. The Nasdaq
Composite Index fell about 35 points, or 1.8%, to 1935.

Damn Asian bottleneck flies in the mix again....I'm afraid buyers will still have some jitters. I noticed today was mostly small retail selling in the stocks I was following....I would have dumped early yesterday if I had seen large blocks selling. I hope we see some bargain hunters early tomorrow, I would hate to go into the weekend on a down note 65% vested.

Jeff
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